The Directorate of Criminal Investigations (DCI) has issued a warning following a surge in reports of Kenyan citizens falling victim to financial scams.
“Scores are being lured to join online cryptocurrency investment platforms and end up losing their investments to the fraudsters,” DCI stated.
According to the DCI multiple cases are currently under investigation, revealing a disturbing trend where unsuspecting investors find themselves defrauded.
The prevailing deception in the Kenyan market involves the dissemination of text messages with enticing offers such as “Make Money Sitting At Home,” accompanied by links to join purported online investment platforms.
Under the guise of promising lucrative returns on investment, these schemes lure victims into financial traps, resulting in substantial losses.
The DCI urges caution among Kenyan citizens and all individuals, advising them to exercise vigilance and verify the legitimacy of any online investment platforms.
“The DCI cautions Kenyans and any other person to beware of this scam, and advises them to verify the authenticity of any online investment platforms with Capital Markets Authority (CMA) and the Communication Authority (CA) respectively before investing their hard earned money.”
